Singapore Property Market News

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Extend waiver on foreign worker levies, say subcontractors

Construction industry subcontractors have urged the government to extend the waiver of foreign worker levies as they face uncertainties over workers and payments.

Continue Reading29 Jul 2020

Spring Forward to Greater Mobility

Agent partners can soon experience our enhanced AgentNet mobile app with Repost, Boost, Spotlight and Listing Performance Insights to help you manage your business and get updates anywhere, anytime.Our collection of Spring Forward With You articles have empowered you with more efficiency, new...

Continue Reading28 Jul 2020

Arrangements for cross-border travel between Singapore, Malaysia to open from 10 August

Singapore and Malaysia have settled arrangements for cross-border travel between two countries for "essential business and official purposes” from 10 August.

Continue Reading27 Jul 2020

HDB resale prices up in Q2, while transaction volume drop

Resale transactions fell by more than 41.9% to 3,426 units in Q2 2020 from the previous quarter’s 5,893 units.

Continue Reading24 Jul 2020

Singapore private home prices up 0.3% in Q2 2020

Private home prices in Singapore rebounded 0.3% quarter-on-quarter in the second quarter of 2020.

Continue Reading24 Jul 2020

3 Agents and How They Closed Deals Despite Circuit Breaker

When the Circuit Breaker was enforced on 7 April 2020, many property agents worried about how they could continue closing sales without conducting any physical viewing.After all, properties in Singapore are minimally a six-digit receipt and it had always been a norm to have physical viewings...

Continue Reading22 Jul 2020

Up to 20 new residential projects to be launched in 2H, Huttons

Despite slow sales during the circuit breaker period, there's been resilence in the market and Huttons Asia expects sales to hover between 8,000 and 8,500 units in 2020, with more project launches on the cards.

Continue Reading22 Jul 2020

Spring Forward to Higher Closings

In this edition:Previously, we sprung you forward to more efficiency and new opportunities. In this issue, let’s look at how we can help you achieve higher closings.We know being a property agent is not easy and sometimes it takes several months to close a deal. Below is a highly simplistic view...

Continue Reading22 Jul 2020

Singapore Median Condo Prices Up in June 2020

Developers’ condo sales more than doubled in June to 998 units from the previous month, reported Singapore Business Review citing Jefferies.Median prices also registered an increase from prior months during the lockdown.The report, however, noted that primary sales declined 10% year-on-year...

Continue Reading21 Jul 2020

How To Run A Successful Virtual Property Tour

In our previous article, we see that property demand remains on a positive upward trend, even in these uncertain times. During our recent Consumer Sentiment Report H2 2020, we asked Singaporeans what impact the current COVID-19 situation has had on their property-related decision and 55% stated...

Continue Reading20 Jul 2020

LTA awards four Jurong Region Line contracts worth $682.5mil

The four contracts include the design and construction of three JRL stations, signalling system and half-height platform screen doors and integrated supervisory control and communications systems.

Continue Reading20 Jul 2020

New private homes sales to hit up to 7,000 this year: Knight Frank

Despite the circuit breaker restrictions, sale activities still continued to happen in Q2 2020 and Knight Frank believes that the easing of the circuit breaker measures will improve sale activities for the remainder of 2020.

Continue Reading17 Jul 2020

Green Court up again for en bloc sale

The three-storey development comprises three ground floor shops and six duplex walk-up apartments on the second floor.

Continue Reading17 Jul 2020

MAS chief sees no need to ease property cooling measures

This comes as Singapore’s property market has remained stable due to the previous property cooling measures as well as the temporary relief measures rolled out by the government.

Continue Reading17 Jul 2020

New private home sales soar 104.9% in June 2020

New private home sales surged after the lifting of the circuit breaker measures.

Continue Reading16 Jul 2020

Singapore’s Q2 GDP won't be as grim with the inclusion of June's reopening: economists

Economists say the reopening of economic activities in phase 2 could see a revision in the GDP numbers.

Continue Reading15 Jul 2020

Claims about lack of action from HDB on leaks, water contamination in DBSS flat untrue, says HDB

The investigations revealed no defects in the sewage system or other areas.

Continue Reading15 Jul 2020

Singapore enters recession after GDP contracts 12.6% in Q2

On a quarter-on-quarter seasonally-adjusted annualised basis, the economy shrank 41.2% in Q2 2020.

Continue Reading14 Jul 2020

Discussions on RTS Link project can be concluded by end-July, MOT

This comes as Singapore and Malaysia have been engaged in “intensive discussion” over the RTS Link project, said the ministry.

Continue Reading13 Jul 2020

PropertyGuru survey reveals that 55% of Singaporeans are unsure of property prices due to COVID- 19

55% of Singaporeans are unsure about property prices in the future because of COVID-19, according to findings from PropertyGuru's H2 2020 Consumer Sentiment Study.

Continue Reading9 Jul 2020